Light Street Capital Management’s SBA Communications SBAC Stock Holding History

Light Street Capital Management’s Portfolio SBAC Stock Details SBAC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-300,000	Closed	-$31.5M	–	27
2015 Q4	$31.5M	Buy	300,000 +43,771	+17%	+$4.74M	4.12%	9
2015 Q3	$26.8M	Buy	256,229 +39,367	+18%	+$4.59M	4.01%	9
2015 Q2	$24.9M	Sell	216,862 -43,948	-17%	-$5.16M	3.45%	11
2015 Q1	$30.5M	Sell	260,810 -39,190	-13%	-$4.63M	4.78%	8
2014 Q4	$33.2M	Buy	300,000 +143,855	+92%	+$16.2M	5.92%	4
2014 Q3	$17.3M	Buy	156,145 +6,145	+4%	+$664K	2.45%	20
2014 Q2	$15.3M	Sell	150,000 -12,870	-8%	-$1.24M	2.12%	20
2014 Q1	$14.8M	Buy	162,870 +31,962	+24%	+$2.96M	2.71%	15
2013 Q4	$11.8M	Sell	130,908 -14,951	-10%	-$1.28M	2.43%	20
2013 Q3	$11.7M	Buy	145,859 +45,859	+46%	+$3.48M	3.7%	9
2013 Q2	$7.41M	Buy	+100,000	New	+$7.62M	3.17%	11

Other funds holding SBAC

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

TCM

TimesSquare Capital Management New York $5.89B AUM 28.74% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

FCM

Farallon Capital Management San Francisco, California $17.5B AUM 50.95% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Light Street Capital Management's SBAC Position: Q1 2016 in Review

Light Street Capital Management sold out of SBA Communications (SBAC) in Q1 2016, closing a stake of 300,000 shares — an estimated $31.5M sold.

Light Street Capital Management first reported a position in SBAC in Q2 2013 and held it in 11 quarters. The position peaked at $33.2M in Q4 2014. 384 funds tracked by Wall St. Rank hold SBAC as of Q1 2016.

Light Street Capital Management reported no remaining SBA Communications position as of Q1 2016 after selling out during the quarter.
Light Street Capital Management sold 300,000 SBA Communications shares in Q1 2016, an estimated $31.5M.
Light Street Capital Management first reported a position in SBA Communications in Q2 2013 and held it in 11 quarters.
Light Street Capital Management's SBA Communications position peaked at $33.2M in Q4 2014.
384 funds tracked by Wall St. Rank held SBA Communications as of Q1 2016.

Based on Light Street Capital Management's 13F filing for Q1 2016, filed 16 May 2016.